[Index] [Search] [Download] [Related Items] [Help]
This is a Bill, not an Act. For current law, see the Acts databases.
Queensland LAND SALES AND LAND TITLE AMENDMENT BILL 1997
Queensland LAND SALES AND LAND TITLE AMENDMENT BILL 1997 TABLE OF PROVISIONS Section Page PART 1--PRELIMINARY 1 Short title . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 2 Schedule . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 PART 2--AMENDMENT OF LAND SALES ACT 1984 3 Act amended in pt 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 4 Insertion of new s 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 2 Objects of Act . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 5 Amendment of s 5 (Application of Act) . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 6 Amendment of s 6 (Interpretation) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 7 Amendment of pt 2 (Sale of relevant land) . . . . . . . . . . . . . . . . . . . . . . . . . . 8 8 Omission of s 7 (Construction of certain provisions) . . . . . . . . . . . . . . . . . . 8 9 Amendment of s 7A (Part not to apply to large transactions) . . . . . . . . . . . 8 10 Amendment of s 8 (Restriction on selling and purchasing) . . . . . . . . . . . . . 8 11 Amendment of s 9 (Identification of land) . . . . . . . . . . . . . . . . . . . . . . . . . . 9 12 Replacement of s 10 (Delivery of registered plan) . . . . . . . . . . . . . . . . . . . . 12 10 Vendor must tell purchaser about significant variations between disclosure plan and later plans . . . . . . . . . . . . . . . . . . . . . . 12 10A Purchaser must be given registrable instrument of transfer and other documents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 13 Amendment of s 11 (Contractual requirement re holding of money) . . . . . 15 14 Insertion of new s 11A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 11A Limit on deposit amount . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 15 Amendment of s 12 (Trustee's duty) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 16 Omission of ss 13-15 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16
2 Land Sales and Land Title Amendment 17 Amendment of s 18 (Declaration of non-application of part in respect of certain relevant leasehold land) . . . . . . . . . . . . . . . . . . . . . . . . . . 16 18 Amendment of s 19 (Exemption from part) . . . . . . . . . . . . . . . . . . . . . . . . . . 16 19 Amendment of s 21 (Statement identifying proposed lot etc.) . . . . . . . . . . 17 20 Amendment of s 23 (Contractual requirement re holding of money) . . . . . 17 21 Amendment of s 24 (Trustee's duty) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18 22 Omission of s 26 (Avoidance of instrument for breach of s 23) . . . . . . . . . . 19 23 Replacement of s 27 (Avoidance of instrument upon ground of lapse of time) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 27 Purchaser's rights if not given a registrable instrument of transfer within a certain period . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 24 Amendment of s 31 (Contracting out of Act void) . . . . . . . . . . . . . . . . . . . . 20 25 Omission of s 31B (Extension of period specified in s 15 or 27) . . . . . . . . . 20 26 Amendment of s 32 (Offences against Act) . . . . . . . . . . . . . . . . . . . . . . . . . 20 27 Insertion of new ss 32A and 32B . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 32A Responsibility for acts or omissions of representatives . . . . . . . . . . 21 32B Executive officers must ensure corporation complies with Act . . . . 21 28 Amendment of s 34 (Evidentiary provision) . . . . . . . . . . . . . . . . . . . . . . . . . 22 PART 3--AMENDMENT OF LAND TITLE ACT 1994 29 Act amended in pt 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22 30 Amendment of s 122 (Lodging a caveat) . . . . . . . . . . . . . . . . . . . . . . . . . . . 23 SCHEDULE . . . . . . . . . . . . . . . . . . . . . . . . . 24 CONSEQUENTIAL AMENDMENTS AUCTIONEERS AND AGENTS ACT 1971 . . . . . . . . . . . . . . . . . . . . . . . . . 24 CANALS ACT 1958 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24
1997 A BILL FOR An Act to amend the Land Sales Act 1984 and the Land Title Act 1994, and for other purposes
s1 4 s4 Land Sales and Land Title Amendment The Parliament of Queensland enacts-- 1 PART 1--PRELIMINARY 2 title 3 Short Clause 1. This Act may be cited as the Land Sales and Land Title Amendment 4 Act 1997. 5 6 Schedule Clause 2. The schedule amends the Acts mentioned in it. 7 ART 2--AMENDMENT OF LAND SALES ACT 1984 8 P amended in pt 2 9 Act Clause 3. This part amends the Land Sales Act 1984. 10 of new s 2 11 Insertion Clause 4. After section 1-- 12 insert-- 13 of Act 14 `Objects `2. The objects of this Act are-- 15 (a) to facilitate property development in Queensland; and 16 (b) to protect the interests of consumers in relation to property 17 development; and 18 (c) to ensure that proposed allotments and proposed lots are clearly 19 identified; and 20
s5 5 s6 Land Sales and Land Title Amendment (d) to achieve the objects mentioned in paragraphs (a) to (c) without 1 imposing procedural obligations on local governments in addition 2 to their obligations under the Local Government (Planning and 3 Environment) Act 1990.'. 4 of s 5 (Application of Act) 5 Amendment Clause 5.(1) Section 5(1)-- 6 omit, insert-- 7 `5.(1) This Act applies to a sale or purchase of a proposed allotment, or a 8 proposed lot, wherever the agreement under which the sale or purchase was 9 entered upon was made, if-- 10 (a) when the proposed allotment becomes an allotment, it will be 11 situated in Queensland; or 12 (b) when the proposed lot becomes a registered lot, it will be situated 13 in Queensland.'. 14 (2) Section 5(2), `relevant land'-- 15 omit, insert-- 16 `a proposed allotment'. 17 of s 6 (Interpretation) 18 Amendment Clause 6.(1) Section 6(1), definitions "land held from the Crown for an 19 estate of leasehold", "relevant freehold land", "relevant land", and 20 "relevant leasehold land"-- 21 omit. 22 (2) Section 6(1)-- 23 insert-- 24 ` "allotment" means a single parcel of land, other than a lot within the 25 meaning of this Act, the boundaries of which are shown on a plan of 26 survey registered under the Land Act 1994 or Land Title Act 1994. 27 "disclosure plan" means a plan given, or to be given, to a purchaser of a 28
s6 6 s6 Land Sales and Land Title Amendment proposed allotment under section 9.1 1 "disclosure statement" means a statement given, or to be given, to a 2 purchaser of a proposed allotment under section 9.1 3 "licensed surveyor" see the Surveyors Act 1977, section 5.2 4 "Planning Act" means the Local Government (Planning and 5 Environment) Act 1990. 6 "proposed allotment" means a single parcel of land, other than a lot within 7 the meaning of this Act, the boundaries of which are shown, or to be 8 shown, on a plan of survey that is to be registered under the Land Act 9 1994 or Land Title Act 1994. 10 "real estate agent" means a person licensed under the Auctioneers and 11 Agents Act 1971 as a real estate agent. 12 "State leasehold land" means land leased under the Land Act 1994 or a 13 miners homestead under the Land Act 1994.3 14 "subdivision application" means an application made under the Planning 15 Act, section 5.1 4 to subdivide land into proposed allotments (within 16 the meaning of this Act).'. 17 (3) Section 6(1), definition "registrable instrument of transfer", 18 paragraphs (a) and (b), `relevant'-- 19 1 Section 9 (Identification of land) 2 The Surveyors Act 1977, section 5 defines "licensed surveyor" as meaning `a registered surveyor whose registration is endorsed under this Act to the effect that the registered surveyor may perform cadastral surveys'. 3 The Land Act 1994, section 495 defines a "miners homestead" as meaning `any of the following held under the Miners' Homestead Leases Act 1913-- (a) miner's homestead lease; (b) miner's homestead perpetual lease; (c) business area; (d) market garden area; (e) residence area; and, to remove any doubt, it is declared that it includes a special perpetual mining purposes lease issued under the Commonwealth Aluminium Body Corporate Pty Limited Agreement Act 1957, the Alcan Queensland Pty Limited Agreement Act 1965 or the Aurukun Associates Agreement Act 1975.'. 4 Local Government (Planning and Environment) Act 1990, section 5.1 (Application for subdivision etc.)
s6 7 s6 Land Sales and Land Title Amendment omit, insert-- 1 `a proposed allotment of'. 2 (4) Section 6(1), definition "registrable instrument of transfer", 3 paragraph (b), before `leasehold'-- 4 insert-- 5 `State'. 6 (5) Section 6(1), definition "sale" or "sell", ` "sale" or'-- 7 omit. 8 (6) Section 6(1), definition "vendor's agent", paragraphs (a) and (b), 9 `relevant land'-- 10 omit, insert-- 11 `a proposed allotment'. 12 (7) Section 6(2)(a), `relevant land'-- 13 omit, insert-- 14 `a proposed allotment'. 15 (8) Section 6(2)(a), `the land' (first mention)-- 16 omit, insert-- 17 `the allotment'. 18 (9) Section 6(2)(a), from `, and the person'-- 19 omit. 20 (10) Section 6(2)(b), `relevant land'-- 21 omit, insert-- 22 `a proposed allotment'. 23 (11) Section 6(2)(b), `the land' (first mention)-- 24 omit, insert-- 25 `the allotment'. 26 (12) Section 6(2)(b), from `, and the person'-- 27 omit. 28
s7 8 s 10 Land Sales and Land Title Amendment (13) Section 6(3), ` "sale" or'-- 1 omit. 2 of pt 2 (Sale of relevant land) 3 Amendment Clause 7. Part 2, heading, `RELEVANT LAND'-- 4 omit, insert-- 5 `PROPOSED ALLOTMENTS'. 6 of s 7 (Construction of certain provisions) 7 Omission Clause 8. Section 7-- 8 omit. 9 of s 7A (Part not to apply to large transactions) 10 Amendment Clause 9.(1) Section 7A(1), `subdivisional portion, or proposed subdivisional 11 portion, of relevant land'-- 12 omit, insert-- 13 `proposed allotment'. 14 (2) Section 7A(2), definition "large transaction", `subdivisional 15 portions, or proposed subdivisional portions, of relevant land'-- 16 omit, insert-- 17 `proposed allotments'. 18 (3) Section 7A(2), definition "large transaction", paragraphs (a) 19 and (b), `portion'-- 20 omit, insert-- 21 `proposed allotment'. 22 of s 8 (Restriction on selling and purchasing) 23 Amendment Clause 10.(1) Section 8, heading, `and purchasing'-- 24 omit. 25
s 11 9 s 11 Land Sales and Land Title Amendment (2) Section 8(1)-- 1 omit, insert-- 2 `8.(1) A person may sell a proposed allotment of freehold land only if, 3 when the purchaser enters upon the purchase of the allotment-- 4 (a) local government unconditional approval of the subdivision 5 application for the land is in force under the Planning Act; or 6 (b) the following approvals are in force under the Planning Act-- 7 (i) approval of the subdivision application for the land, subject 8 to conditions requiring the applicant to construct works on 9 the land; and 10 (ii) approval of the engineering drawings and specifications for 11 the works mentioned in subparagraph (i).5 12 Maximum penalty--200 penalty units or 1 year's imprisonment. 13 `(1A) A person may sell a proposed allotment of State leasehold land 14 only if, when the purchaser enters upon the purchase of the allotment, the 15 lessee has the Minister's approval, under the Land Act 1994 ,6 to subdivide 16 the land. 17 Maximum penalty--200 penalty units or 1 year's imprisonment.'. 18 (3) Section 8(3)-- 19 omit. 20 of s 9 (Identification of land) 21 Amendment Clause 11.(1) Section 9(2)-- 22 renumber and relocate as section 9(4). 23 (2) Section 9(1)-- 24 omit, insert-- 25 5 See Local Government (Planning and Environment) Act 1990, section 5.1 (Application for subdivision etc.) and section 5.2 (Subdivisions involving works). 6 See the Land Act 1994, section 351 (Minister's approval required for subdivision).
s 11 10 s 11 Land Sales and Land Title Amendment `9.(1) Before a purchaser enters upon a purchase of a proposed 1 allotment, the vendor must give the purchaser-- 2 (a) a disclosure plan and disclosure statement for the proposed 3 allotment; or 4 (b) a copy of the approved plan of survey for the proposed allotment 5 sealed under the Planning Act, section 5.3.7 6 Maximum penalty--100 penalty units or 6 months imprisonment. 7 `(2) The disclosure plan must include the following-- 8 (a) the details shown on the proposal plan8 accompanying the 9 subdivision application for the land; 10 (b) the metes and bounds description of the proposed allotment; 11 (c) contour maps of the proposed allotment showing the following 12 contours-- 13 (i) natural surface contours, with appropriate contour intervals; 14 (ii) final surface contours as specified in the engineering 15 drawings; 16 (d) fill levels, and areas to be filled, as specified in the engineering 17 drawings for the proposed allotment. 18 `(3) The disclosure statement must be signed by the purchaser and 19 vendor and state the following-- 20 (a) the purchaser's full name and address; 21 (b) the vendor's full name and address; 22 (c) that the vendor or vendor's agent has given the purchaser the 23 disclosure plan for the proposed allotment; 24 (d) that the purchaser has-- 25 (i) for an allotment capable of being pegged by a licensed 26 surveyor--inspected the proposed allotment after it has been 27 7 Local Government (Planning and Environment) Act 1990, section 5.3 (Sealing of plans for registration) 8 The proposal plan is required under the Local Government (Planning and Environment) Act 1990, section 5.1(2)(c).
s 11 11 s 11 Land Sales and Land Title Amendment pegged by the surveyor; or 1 (ii) for an allotment that is not capable of being pegged by a 2 licensed surveyor--inspected the proposed allotment; or 3 (iii) been given the opportunity, and declined, to do an inspection 4 mentioned in subparagraph (i) or (ii); 5 (e) that if the vendor or vendor's agent contravenes this section, other 6 than subsection (3)(a), (b) or (f), the purchaser may avoid the 7 instrument relating to the sale by written notice given to the 8 vendor or vendor's agent before the vendor gives the purchaser 9 the registrable instrument of transfer for the allotment; 10 (f) the day the statement is signed. 11 `(5) If the vendor or the vendor's agent contravenes this section, other 12 than subsection (3)(a), (b) or (f), the purchaser may avoid the instrument 13 relating to the sale by written notice given to the vendor or vendor's agent 14 before the vendor gives the purchaser the registrable instrument of transfer 15 for the allotment. 16 `(6) In this section-- 17 "appropriate contour intervals" means contour intervals of not more 18 than the following-- 19 (a) for a proposed allotment not in a rural or rural residential 20 zone--500 mm in height; 21 (b) for a proposed allotment in a rural or rural residential zone--the 22 smallest of the following contour intervals-- 23 (i) the contour intervals shown on a local government 24 topographic map that includes the allotment; 25 (ii) the contour intervals shown on a topographic map that 26 includes the allotment and is held in the department 27 administered by the minister administering the Land Act 28 1994 or Land Title Act 1994.'. 29 (3) Section 9(4), as renumbered, after `subsection (1)'-- 30 insert-- 31 `or (3)'. 32
s 12 12 s 12 Land Sales and Land Title Amendment of s 10 (Delivery of registered plan) 1 Replacement Clause 12. Section 10-- 2 omit, insert-- 3 must tell purchaser about significant variations between 4 `Vendor disclosure plan and later plans 5 `10.(1) Subsections (2) and (3) apply if-- 6 (a) the vendor of a proposed allotment has not given the purchaser of 7 the proposed allotment a registrable instrument of transfer for the 8 allotment; and 9 (b) there is a significant variation between the details contained in-- 10 (i) the disclosure plan given to the purchaser under section 9(1) 11 and a plan of survey the vendor proposes to register under 12 the Land Act 1994 or Land Title Act 1994 ("survey plan") 13 for the proposed allotment; or 14 (ii) the disclosure plan given to the purchaser under section 9(1) 15 and a plan mentioned in section 10A(1)(b) ("as constructed 16 plan") for the proposed allotment. 17 `(2) As soon as practicable, but not later than 14 days, after the vendor is 18 given the plan of survey the vendor proposes to register, the vendor must 19 give the purchaser written notice ("significant variation notice")-- 20 (a) detailing the nature and extent of the significant variation; and 21 (b) advising the purchaser that the purchaser may avoid the 22 instrument relating to the sale by written notice given to the 23 vendor within the prescribed period. 24 Maximum penalty--100 penalty units or 6 months imprisonment. 25 `(3) If the vendor gives the purchaser a significant variation notice-- 26 (a) the purchaser may avoid the instrument relating to the sale by 27 written notice given to the vendor within the prescribed period; 28 and 29 (b) the vendor must not, until the end of the prescribed period-- 30 (i) ask the purchaser to pay the balance of the purchase price; or 31 (ii) give the purchaser a registrable instrument of transfer for the 32
s 12 13 s 12 Land Sales and Land Title Amendment allotment. 1 Maximum penalty for paragraph (b)--100 penalty units or 6 months 2 imprisonment. 3 `(4) If the vendor contravenes this section, the purchaser may avoid the 4 instrument relating to the sale by written notice given to the vendor-- 5 (a) for a contravention of subsection (2)--before the vendor gives the 6 purchaser the registrable instrument of transfer for the allotment; 7 or 8 (b) for a contravention of subsection (3)(b)--within 14 days after the 9 end of the prescribed period. 10 `(5) In this section-- 11 "prescribed period" means-- 12 (a) 30 days after the vendor gives the purchaser a significant variation 13 notice; or 14 (b) the period agreed, in writing, by the vendor and purchaser after 15 the vendor gives the purchaser the significant variation notice. 16 "significant variation" means-- 17 (a) in the details between a disclosure plan and a survey plan-- 18 (i) a variation of more than 2% in details of area; or 19 (ii) a variation of more than 1% in details of linear dimensions; 20 or 21 (b) in the details between a disclosure plan and an as constructed 22 plan--a variation of more than 500 mm in height in details of 23 surface contours or fill levels. 24 must be given registrable instrument of transfer and other 25 `Purchaser documents 26 `10A.(1) The vendor of a proposed allotment must give the purchaser the 27 registrable instrument of transfer for the allotment, together with the 28 following documents relating to the allotment, not later than 18 months after 29 the purchaser enters upon the purchase of the allotment-- 30 (a) a copy of the plan of survey registered under the Land Act 1994 31
s 12 14 s 12 Land Sales and Land Title Amendment or Land Title Act 1994 ("registered survey plan"); 1 (b) if works were constructed in accordance with an approval under 2 the Planning Act, section 5.2,9 a copy of the plan showing the 3 constructed works ("as constructed plan"); 4 (c) a statement certified by a licensed surveyor-- 5 (i) that there are no variations between the details contained in-- 6 (A) the disclosure plan given to the purchaser under 7 section 9(1) and the registered survey plan for the 8 proposed allotment; or 9 (B) the disclosure plan given to the purchaser under 10 section 9(1) and the as constructed plan for the 11 proposed allotment; or 12 (ii) if there are variations, other than variations of which notice is 13 required to be given under section 10--detailing the nature 14 and extent of the variations. 15 `(2) If the vendor contravenes this section, the purchaser may avoid the 16 instrument relating to the sale by written notice given to the vendor before 17 the vendor gives the purchaser the registrable instrument of transfer for the 18 allotment. 19 `(3) If the vendor contravenes subsection (1)(c), the vendor commits an 20 offence. 21 Maximum penalty--20 penalty units. 22 `(4) In this section-- 23 "variation" means-- 24 (a) in the details between a disclosure plan and a registered survey 25 plan--a variation in details of area or linear dimensions; or 26 (b) in the details between a disclosure plan and an as constructed 27 plan--a variation in height in details of surface contours or fill 28 levels.'. 29 9 Local Government (Planning and Environment) Act 1990, section 5.2 (Subdivisions involving works)
s 13 15 s 15 Land Sales and Land Title Amendment of s 11 (Contractual requirement re holding of money) 1 Amendment Clause 13.(1) Section 11(1), `relevant land'-- 2 omit, insert-- 3 `a proposed allotment'. 4 (2) Section 11(1) and (1A)-- 5 insert-- 6 `Maximum penalty--200 penalty units or 1 year's imprisonment.'. 7 (3) Section 11(3) and (3A)-- 8 omit. 9 (4) Section 11(4) and (5)-- 10 renumber as section 11(3) and (4). 11 of new s 11A 12 Insertion Clause 14. After section 11-- 13 insert-- 14 on deposit amount 15 `Limit `11A.(1) This section applies if the amount payable by a purchaser as a 16 deposit under an instrument relating to the sale of a proposed allotment is 17 more than 10% of the purchase price of the proposed allotment. 18 `(2) The purchaser may, by written notice given to the vendor before the 19 registrable instrument of transfer for the allotment is given to the purchaser, 20 avoid the instrument relating to the sale of the allotment.'. 21 of s 12 (Trustee's duty) 22 Amendment Clause 15. Section 12(1) and (3)-- 23 insert-- 24 `Maximum penalty--200 penalty units or 1 year's imprisonment.'. 25
s 16 16 s 18 Land Sales and Land Title Amendment of ss 13-15 1 Omission Clause 16. Sections 13 to 15-- 2 omit. 3 of s 18 (Declaration of non-application of part in respect 4 Amendment of certain relevant leasehold land) 5 Clause 17.(1) Section 18, heading, `relevant'-- 6 omit, insert-- 7 `State'. 8 (2) Section 18(1), from `or any subdivisional'-- 9 omit, insert-- 10 `, or allotment or proposed allotment, of land mentioned in paragraph (a) 11 or (b).'. 12 (3) Section 18(2), `subdivisional portion or proposed subdivisional 13 portion thereof'-- 14 omit, insert-- 15 `allotment or proposed allotment of the holding or miner's homestead'. 16 of s 19 (Exemption from part) 17 Amendment Clause 18.(1) Section 19(1), `subdivisional portions'-- 18 omit, insert-- 19 `allotments'. 20 (2) Section 19(1)(b), `subdivisional portion'-- 21 omit, insert-- 22 `allotment'. 23 (3) Section 19(4), `subdivisional portions'-- 24 omit, insert-- 25 `proposed allotments'. 26
s 19 17 s 20 Land Sales and Land Title Amendment (4) Section 19(5), `subdivisional portion'-- 1 omit, insert-- 2 `proposed allotment'. 3 (5) Section 19(6), `or purchase relevant land'-- 4 omit, insert-- 5 `a proposed allotment'. 6 (6) Section 19(6), `the relevant land'-- 7 omit, insert-- 8 `the proposed allotment'. 9 (7) Section 19(7), `relevant land in question'-- 10 omit, insert-- 11 `proposed allotment'. 12 of s 21 (Statement identifying proposed lot etc.) 13 Amendment Clause 19. Section 21(1)-- 14 insert-- 15 `Maximum penalty--100 penalty units or 6 months imprisonment.'. 16 of s 23 (Contractual requirement re holding of money) 17 Amendment Clause 20.(1) Section 23(1)-- 18 insert-- 19 `(aa)a firm of solicitors practising in Queensland; or'. 20 (2) Section 23(1)-- 21 insert-- 22 `(c) a real estate agency in which a real estate agent carries on 23 business;'. 24 (3) Section 23(1)-- 25 insert-- 26
s 21 18 s 21 Land Sales and Land Title Amendment `Maximum penalty--200 penalty units or 1 year's imprisonment.'. 1 (4) Section 23(1A)-- 2 omit, insert-- 3 `(1A) Moneys paid under subsection (1) must be-- 4 (a) held-- 5 (i) if paid to an individual--by the individual in a trust account 6 kept for this Act by-- 7 (A) the individual; or 8 (B) the firm or agency of which the individual is a member; 9 and 10 (ii) if paid to a firm or agency--by the firm or agency in a trust 11 account kept for this Act by the firm or agency; and 12 (iii) if paid to the public trustee--by the public trustee in a trust 13 account kept for this Act by the public trustee; and 14 (b) dealt with by the individual, firm, agency, or public trustee in 15 accordance with this part and the law governing the operation of 16 the individual's, firm's, agency's or public trustee's trust 17 account.'. 18 (5) Section 23(3) and (3A)-- 19 omit. 20 (6) Section 23(5), after `solicitor'-- 21 insert-- 22 `or firm of solicitors'. 23 of s 24 (Trustee's duty) 24 Amendment Clause 21.(1) Section 24(1), after `person'-- 25 insert-- 26 `, firm or agency'. 27 (2) Section 24(1), after `person's'-- 28 insert-- 29
s 22 19 s 23 Land Sales and Land Title Amendment `, firm's or agency's'. 1 (3) Section 24(1), `or the instrument in terms of which the money was 2 paid'-- 3 omit. 4 (4) Section 24(1) and (3)-- 5 insert-- 6 `Maximum penalty--200 penalty units or 1 year's imprisonment.'. 7 (5) Section 24-- 8 insert-- 9 `(1A) Subsection (1) applies despite anything in the instrument under 10 which the money was paid.'. 11 of s 26 (Avoidance of instrument for breach of s 23) 12 Omission Clause 22. Section 26-- 13 omit. 14 of s 27 (Avoidance of instrument upon ground of lapse 15 Replacement of time) 16 Clause 23. Section 27-- 17 omit, insert-- 18 rights if not given a registrable instrument of transfer 19 `Purchaser's within a certain period 20 `27.(1) This section applies if-- 21 (a) a purchaser entered upon the purchase of a proposed lot under an 22 instrument relating to the sale of the proposed lot (the 23 "instrument"); and 24 (b) the vendor has not given the purchaser a registrable instrument of 25 transfer for the lot within 31/2 years after the day the instrument 26 was made. 27 `(2) The purchaser may avoid the instrument by written notice given to 28
s 24 20 s 26 Land Sales and Land Title Amendment the vendor before the vendor gives the purchaser the registrable instrument 1 of transfer for the proposed lot.'. 2 of s 31 (Contracting out of Act void) 3 Amendment Clause 24. Section 31(1), definition "avoidance provision", paragraph (a), 4 `relevant land'-- 5 omit, insert-- 6 `a proposed allotment'. 7 of s 31B (Extension of period specified in s 15 or 27) 8 Omission Clause 25. Section 31B-- 9 omit. 10 of s 32 (Offences against Act) 11 Amendment Clause 26.(1) Section 32, heading-- 12 omit, insert-- 13 `Penalties under this Act are in addition to other penalties etc.'. 14 (2) Section 32(1) and (2)-- 15 omit. 16 (3) Section 32(3), `Any liability imposed by this section'-- 17 omit, insert-- 18 `A penalty imposed under this Act'. 19 (4) Section 32(4), `(3)'-- 20 omit, insert-- 21 `(1)'. 22 (5) Section 32(3) and (4)-- 23 renumber as section 32(1) and (2). 24
s 27 21 s 27 Land Sales and Land Title Amendment of new ss 32A and 32B 1 Insertion Clause 27. After section 32-- 2 insert-- 3 for acts or omissions of representatives 4 `Responsibility `32A.(1) In this section-- 5 "representative" means-- 6 (a) of a corporation--an executive officer, employee or agent of the 7 corporation; or 8 (b) of an individual--an employee or agent of the individual. 9 "state of mind" of a person includes-- 10 (a) the person's knowledge, intention, opinion, belief or purpose; and 11 (b) the person's reasons for the intention, opinion, belief or purpose. 12 `(2) Subsections (3) and (4) apply in a proceeding for an offence against 13 this Act. 14 `(3) If it is relevant to prove a person's state of mind about a particular 15 act or omission, it is enough to show-- 16 (a) the act was done or omitted to be done by a representative of the 17 person within the scope of the representative's actual or apparent 18 authority; and 19 (b) the representative had the state of mind. 20 `(4) An act done or omitted to be done for a person by a representative of 21 the person within the scope of the representative's actual or apparent 22 authority is taken to have been done or omitted to be done also by the 23 person, unless the person proves the person could not, by the exercise of 24 reasonable diligence, have prevented the act or omission. 25 officers must ensure corporation complies with Act 26 `Executive `32B.(1) The executive officers of a corporation must ensure the 27 corporation complies with this Act. 28 `(2) If a corporation commits an offence against a provision of this Act, 29 each of the corporation's executive officers also commits an offence, 30
s 28 22 s 29 Land Sales and Land Title Amendment namely, the offence of failing to ensure that the corporation complies with 1 the provision. 2 Maximum penalty--the penalty for the contravention of the provision by an 3 individual. 4 `(3) Evidence that the corporation has been convicted of an offence 5 against a provision of this Act is evidence that each of the executive officers 6 committed the offence of failing to ensure that the corporation complies 7 with the provision. 8 `(4) However, it is a defence for an executive officer to prove-- 9 (a) if the officer was in a position to influence the conduct of the 10 corporation in relation to the offence--the officer exercised 11 reasonable diligence to ensure the corporation complied with the 12 provision; or 13 (b) the officer was not in a position to influence the conduct of the 14 corporation in relation to the offence; or 15 (c) that information that tended to incriminate the corporation was 16 obtained under section 30F.'. 17 of s 34 (Evidentiary provision) 18 Amendment Clause 28. Section 34, `relevant land'-- 19 omit, insert-- 20 `a proposed allotment'. 21 PART 3--AMENDMENT OF LAND TITLE ACT 1994 22 amended in pt 3 23 Act Clause 29. This part amends the Land Title Act 1994. 24
s 30 23 s 30 Land Sales and Land Title Amendment of s 122 (Lodging a caveat) 1 Amendment Clause 30. Section 122-- 2 insert-- 3 `(3) To remove any doubt, it is declared that an interest in a lot does not 4 include an interest in a proposed allotment under the Land Sales Act 1984 5 that a person obtains when the person agrees to purchase the allotment 6 under that Act.'. 7 8
24 Land Sales and Land Title Amendment CHEDULE 1 ¡S CONSEQUENTIAL AMENDMENTS 2 section 2 3 UCTIONEERS AND AGENTS ACT 1971 4 ´A 1. Section 75(1)(b), `relevant land'-- 5 omit, insert-- 6 `a proposed allotment'. 7 CANALS ACT 1958 8 ´ 1. Section 8A(1), `relevant land'-- 9 omit, insert-- 10 `proposed allotments'. 11 2. Section 8A(1), `which is'-- 12 omit. 13 © State of Queensland 1997
[Index] [Search] [Download] [Related Items] [Help]